Thursday, October 22, 2009

New Unemployment Claims Rise More Than Expected to 531,000

This might not be happening if this government concerned itself with job creation directly. Rather than supporting the trickle down theory of economics. Which believes that stuffing the faces of the rich that what ever falls off the table will go to the rest of us. If something isn't done soon the Congress and President will have to deal with an angry American people. Whom are seeing their tax dollars going to propping up the very same people that brought near disaster to the economy, causing the losses of millions of jobs.

in reference to:

"The number of newly laid-off workers filing claims for jobless benefits rose more than expected last week,
after falling in five of the past six weeks, as employers remain reluctant to hire even with the economy showing signs of
recovery.The Labor Department said Thursday that new jobless claims rose to a seasonally adjusted 531,000 last week,
from an upwardly revised 520,000 the previous week. Wall Street economists had expected only a slight increase, according
to Thomson Reuters."
- New Unemployment Claims Rise More Than Expected to 531,000 - Political News - FOXNews.com (view on Google Sidewiki)

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